Tony Kim, Managing Director at Blackrock, joins CJ this week to touch on the secrets of durable businesses, why TAM is an unreliable measure of potential, competitive moats and 2nd/3rd acts as necessary means for sustainable growth, and more. Supercharge your financial operations with Maxio. Request a demo at www.maxio.com/runthenumbers for 10% off your first year.
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TIMESTAMPS:
00:00:00: Introduction
00:03:03: Definition and importance of durable revenue
00:05:35: Evaluating net dollar retention rate
00:09:08: Importance and calculation of TAM
00:16:45: Deconstructing and understanding real TAM
00:18:51: Thin wrappers and positioning companies
00:25:00: Comparing tech quality over different eras
00:28:58: Maturity and market attention for public companies
00:31:58: Necessity of moats and dominance in business
00:36:06: Evaluating companies
00:36:42: The importance of the second act in business
00:41:11: The value of a strategic narrative
00:45:02: What separates good CFOs from great CFOs

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjgustafson.substack.com